10/04/2019

€2m Fraud Operation Using 'Money Mule' Accounts Investigated

Gardaí are investigating a multimillion money laundering operation that has made use of approximately 200 "mule" accounts.

Criminals are believed to have been recruiting young people to help launder stolen or illegal money using their own bank account. These people are then promised a share of the proceeds in exchange for their account details.

The "money mule" accounts under investigation are dotted around the country and are being investigated by the Garda National Economic Crime Bureau. Single transactions can range anywhere from €5,000 to €35,000.

The complex investigation is ongoing.



(JG/CM)

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